• NZDUSD reversed from pivotal resistance level 0.6840
• Likely to test support level 0.6700
NZDUSD currency pair recently reversed down from the pivotal resistance level 0.6840 (former strong support from August) intersecting with the upper Bollinger Band and the 38.2% Fibonacci correction of the downward price impulse from November.
The resistance zone near the resistance level 0.6840 was strengthened by the upper Bollinger Band and by the 38.2% Fibonacci correction of the downward price impulse from November.
NZDUSD currency pair can be expected to fall further toward the next support level 0.6700 (which reversed the waves 1 and (b) in December).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies